April 2015 NY Auto Oullook
RECAP OF FEBRUARY RESULTS
12% 16% 20%
Percent Change in Area Registrations February 2015 vs February 2014
0% 4% 8%
7%
6.4%
February new retail light vehicle registrations in the Metro Area were up 6.4% compared to a year earlier. Auto Outlook had a projected an 7% increase. Auto Outlook is predicting that March sales increased by 1% versus a year earlier. We will report on the accuracy of that projection in the May, 2015 release.
-8% -4%
-20% -16% -12%
PG: 2 new york auto outlook : NEW VEHICLE MARKET April 2015 Issue 0 100,000 200,000 300,000 400,000 500,000 600,000 Registrations 452,076 New vehicle registrations 0 10,000 20,000 30,000 40,000 50,000 60,000 Apr Mar Feb Jan
Auto Outlook projected % change
Actual % change
RECENT RESULTS IN NEWVEHICLE MARKET
Monthly New Retail Light Vehicle Sales 2014 and 2015*
Percent Change in Area and U.S. New Vehicle Sales
8%
Metro NY U.S.
The area market increased 2% during the rst three months of 2015, almost
2014 2015
7%
6%
identical to the Nation.
6.4
5%
4%
4.6
3%
2%
Monthly registrations increased by an estimated 1% in March 2015.
2.2
2.0
1%
1.0
0%
0.5
Change YTD '15 Thru March* vs YTD '14
Change March '15* vs. March '14
Change February '15 vs. February '14
Jul
Oct
Jun
Dec
Sep
Nov
Aug
May
* Figures for March 2015 were estimated by Auto Outlook. Data Source: IHS Automotive
Data Source: IHS Automotive
NEWVEHICLE MARKET FORECAST
New York Metro Area Annual New Retail Registrations History and Forecast New retail % change Years registrations vs. prev. year 2007 452,076 - 2008 449,172 -0.6% 2009 384,763 -14.3% 2010 432,032 12.3% 2011 450,850 4.4% 2012 501,070 11.1% 2013 531,573 6.1% 2014 554,054 4.2% 2015 573,000 3.4% Forecast
Area registrations are predicted to increase by nearly 19,000 units in 2015.
573,000
554,054
531,573
501,070
450,850
449,172
432,032
384,763
2007 2008 2009 2010 2011 2012 2013 2014 2015 Forecast
Data Source: IHS Automotive
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